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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_JODNOK
Open High Low JODNOK Price Change
11.07035 11.10025 11.05510 11.08195 +0.01160
Entry Signal

MarketClub’s Trade Triangles for JODNOK

long term down The long term trend has been DOWN since Jan 17th, 2018 at 11.08615

intermediate term down The intermediate term trend has been DOWN since Dec 29th, 2017 at 11.58255

short term down The short term trend has been DOWN since Jan 10th, 2018 at 11.34105

Smart Scan Analysis for JODNOK

Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for JODNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.07035 11.10025 11.05510 11.08195 +0.01160
Prev. Close Volume Bid Ask Time
11.07035 11.07380 11.09010 2018-01-22 13:14:21
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